Tag Archive | "Federal Income Taxes"

WASHINGTON, DC — Nearly 99 million individuals filed their federal income tax returns electronically during 2010, a 3 percent increase in the IRS e-file rate. Of the 141.5 million returns filed so far this year, almost 70 percent were filed electronically. The new normal Each year, more taxpayers chose to e-file their tax returns. For […]

WASHINGTON, DC — The Internal Revenue Service and its private-sector partners are making Free File available starting today. Most taxpayers can have free use of helpful tax preparation software and free electronic filing of the federal tax returns. There are many new tax breaks this filing season and Free File software can make it easier […]

WASHINGTON, DC — The Internal Revenue Service today reminds individual taxpayers who are considering buying a new car that they have until the end of business on Thursday, December 31, 2009 to take advantage of a tax break that may not be around in 2010. Taxpayers who buy a qualifying new motor vehicle this year […]

WASHINGTON, DC — The Internal Revenue Service today reminded taxpayers to file their federal tax returns and pay any taxes they owe by the April 15 deadline. Aware that the economic downturn has affected many people, the agency urged taxpayers in difficult financial situations to file a tax return, pay what they can and work […]

WASHINGTON, DC — The Internal Revenue Service today issued its 2009 “dirty dozen” list of most common tax scams, including schemes involving phishing, hiding income offshore and false claims for refunds. “Taxpayers should be wary of scams to avoid paying taxes that seem too good to be true, especially during these challenging economic times,” IRS […]

WASHINGTON, DC — The Internal Revenue Service offers last minute reminders to taxpayers who have not yet filed a tax return, paid what they owe or requested an extension of time to file as the April 15 tax filing and payment deadline approaches. File and Pay on Time Taxpayers who owe taxes and don’t file […]